A pair of mixed-use towers both pledging to bring luxury hotels and housing to downtown Orlando cleared the city’s Municipal Planning Board on Tuesday and now head to City Council for final Master Plan approval.
The 30-story Monarch Tower would rise on a .9-acre parcel just off the South Street exit from State Road 408, near the Dr. Phillips Center for Performing Arts. Toronto-based Jaymor Group is the long-time owner of the property and the developer. The master plan calls for a luxury apartment community and full-service lifestyle hotel with shared amenities and services. The initial concept, developed by Baker Barrios, allows for up to 380 rental apartments.
The hotel could be a boutique concept with up to 130 rooms or a national brand with 200 rooms. It will have a restaurant on the main floor and the roof level, meeting and banquet space, a spa and at least one pool. The developer will construct a new segment of Lake Avenue west of the neighboring Westminster Plaza senior living community, and the existing road that separates the residents from their main parking lot will be abandoned.
“I think this looks like a great project,” MPB member Jonathan Huels said. “I think it’s going to serve as another great focal point for the downtown. And, you know, at the same time, it’s assisting in or helping Westminster towers, the neighbor, with an issue that looks like they’ve had for a long time."
Summa Development Group’s master plan application for a 33-story mixed-use tower at 319 E. Church St. was approved by consent. The developers, who also completed CitiTower across the street, are pledging to bring the first 5-star convention center hotel to Orlando’s Central Business District.
Summa Principals Albert Socol and Marlene Weiss have said they have three hotel brands competing for the flag. The submitted plans call for a 228-key luxury convention hotel with more than 60,000 square feet of indoor and outdoor meeting space on three floors and a Sky Club on the 33rd floor with a pool and outdoor dining.
The plans also call for 129 branded residences – a combination of 102 condominiums and 27 penthouse units over the hotel.